In 2023, the re-import value of fixed wing aircraft with an unladen weight of 2,000-15,000 kg to Canada was approximately $32.36 million. The forecast indicates a consistent declining trend from 2024 to 2028, beginning with $28.29 million in 2024 and decreasing to $12.46 million by 2028. The year-on-year decline averages around 14-22%. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) reflects a significant negative trend, emphasizing a persistent drop in re-import value.
Future trends to watch for include:
- Potential shifts in global trade policies affecting re-imports.
- Technological advancements impacting aircraft demand and supply.
- Economic factors influencing aviation sector investments in Canada.
